“WHAT DOES THIS HAVE TO DO WITH BANKING?”
That’s a question I get all the time.
It’s not often that bankers spend much time speaking and writing about prisons, policing and judicial sentencing, but I do.
My formal job description revolves around guiding the allocation investments that my bank manages on behalf of individuals and institutions. Since you can’t understand how to invest unless you understand the economy, my team spends a lot of time researching economic trends and sharing those insights with our customers. You can’t understand the economy without following the labor markets, and that’s where the discussion must include the impact of the justice system on our workforce.
Social ills have taken a terrible toll on our workforce, and chief among them, the vicious cycle of incarceration and recidivism that has deprived us of the talents of millions of potential workers. The magnitude of these societal problems has made them true economic challenges.
This story is from the October 08, 2021 edition of Newsweek.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the October 08, 2021 edition of Newsweek.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Is It Time to Leave Syria?
The U.S. is reportedly considering withdrawing from the country, with pressure from Damascus amid deepening unrest in the region. Is this the right move? Two experts weigh in
Chris Perfetti
IF YOU'RE ONE OF THE MILLIONS OF AMERICANS SINGING THE PRAISES of ABC's Abbott Elementary, fear not, they've heard you. \"We love to hear it,\" says Chris Perfetti, who plays Jacob Hill on the Emmy-winning sitcom about teachers at a Philadelphia public school.
Divine Intervention
POPE FRANCIS' PROGRESSIVE REPOSITIONING OF THE CATHOLIC CHURCH HAS CREATED BATTLE LINES BETWEEN ITS 1.3 BILLION FOLLOWERS, NO MORE SO THAN IN THE UNITED STATES
Who Rules Gaza When the Fighting Stops?
With no clear leader coming to the fore, questions remain about how the devastated territory will be managed
No End Game in Sight
Benjamin Netanyahu is risking a pyrrhic victory in Gaza that damages the chances of long-term peace
'We're Living a Nightmare - Day After Day'
Families of three Israeli hostages share their pain as they wait for their loved ones to be released, six months after they were abducted
Gillian Anderson
IF THERE'S ONE THING THAT'S TRUE ABOUT GILLIAN ANDERSON, IT'S THAT she isn't afraid of a challenge.
Alex Edelman
A JEW ACCIDENTALLY STUMBLES UPON A gathering of white nationalists. For most, this would be a cause for concern, but for Alex Edelman it's an opportunity for a hit one-man comedy show.
LEGACY OF DISUPTION
TOM DOLL CHANGED THE WAY SUBARU OPERATES. During a 40-year tenure at the automaker, he worked to develop some of the best-known vehicles and marketing campaigns in the automotive world.
SUSTAINABILITY DISRUPTOR OF THE YEAR
SUSTAINABILITY ISN'T JUST ABOUT BUYING an electric vehicle or driving in a way that saves fuel.